George & Mary Kremer Foundation 2399-00-13

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 526359345 ✦ Phila, PA ✦ Designated as a 501(c)(3)

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Overview

What is George & Mary Kremer Foundation 2399-00-13?

The George & Mary Kremer Foundation 2399-00-13 is a nonprofit organization situated in Naples, Florida. Their primary mission is to provide financial aid in the form of grants to elementary schools affiliated with the Roman Catholic Church across the United States. These grants are intended to assist needy children attending these schools by covering their tuition expenses. The foundation has contributed towards this cause through various grants, as detailed in an attached schedule. The exact location of the foundation within Naples is specified at 1100 5th Avenue South Suite 411.


Official website here: www.kremerfoundation.com

Is George & Mary Kremer Foundation 2399-00-13 legitimate?

George & Mary Kremer Foundation 2399-00-13 is a legitimate nonprofit organization registered as a 501(c)(3) entity. George & Mary Kremer Foundation 2399-00-13 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $381,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,283

For more financial information, click here


Official website here: www.kremerfoundation.com

What is the mission statement of George & Mary Kremer Foundation 2399-00-13?

The George & Mary Kremer Foundation 2399-00-13 is committed to providing financial grants to elementary schools operated by the Roman Catholic Church in the United States. The primary objective of these grants is to offer tuition assistance for economically disadvantaged children attending these schools. The foundation's activities aim to ensure that children from low-income families have the opportunity to receive education at these Catholic schools. They do not disclose specific details about the grants paid to the schools, but it is known that these funds are used for tuition assistance for needy students.


Official website here: www.kremerfoundation.com

What is the revenue of George & Mary Kremer Foundation 2399-00-13?

George & Mary Kremer Foundation 2399-00-13's revenue in 2023 was $1,353,886.


Official website here: www.kremerfoundation.com

Who are the executives of George & Mary Kremer Foundation 2399-00-13 and what are their salaries?

Here are 6 key members and their salaries:


Mary Anderson Goddard (Executivedirector/Secretary)
  • Compensation: $266,300
  • Related: $0
  • Other: $0
John R George (Boardchair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monsignor Brendon Muldoon (Advisory Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Bryan Garcia (Advisoryboardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Ristau (Advisoryboardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Glenmede Trust Co N A (Trustee)
  • Compensation: $236,826
  • Related: $0
  • Other: $0


Official website here: www.kremerfoundation.com

Where can I find the form 990 for George & Mary Kremer Foundation 2399-00-13?

George & Mary Kremer Foundation 2399-00-13's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kremerfoundation.com

Learn more at the official website: www.kremerfoundation.com

Mission Statement of George & Mary Kremer Foundation 2399-00-13

The George & Mary Kremer Foundation 2399-00-13 is dedicated to providing financial aid. Specifically, it grants funds to elementary schools that are part of the Roman Catholic Church in the United States. The primary purpose of these grants is to offer tuition assistance to economically disadvantaged children who attend these schools. By doing so, the foundation aims to make quality education accessible to those who might not be able to afford it otherwise. The foundation's mission is an act of benevolence, aiming to support the educational growth and opportunities of needy children within the Catholic school system. The attached schedule of grants paid to these schools serves as a testament to the foundation's commitment to its mission.

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Impact




October, 2024

The George & Mary Kremer Foundation 2399-00-13 significantly impacts elementary education within Roman Catholic schools across the United States by providing essential financial grants. These grants are dedicated to offering tuition assistance, enabling needy children to access quality education in a supportive environment. By alleviating the financial burden on families, the foundation not only fosters educational opportunities but also promotes the values and teachings associated with Catholic education. This support helps to ensure that children from diverse financial backgrounds can attend these schools, ultimately contributing to their academic success and personal development. The foundation's commitment to funding tuition assistance plays a critical role in sustaining the accessibility of Catholic elementary education, creating more equitable opportunities for all students.




This information is meant to be a general summary of George & Mary Kremer Foundation 2399-00-13. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,353,886 (2023)
Expenses
$5,521,799 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,066,289
  • Gross Receipts: $26,260,080

Assets and Liabilities:

  • Total Assets: $115,855,967
  • Total Liabilities: $0
  • Net Assets: $115,855,967

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Organization Details

Founding Year

1987

Principal Officer

The Glenmede Trust Co N A

NTEE Category

Code: Z99 - Unknown

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